[36] Other financial liabilities
Non-current and current other financial liabilities comprised the following items:
in € million |
Dec. 31, 2020 |
Dec. 31, 2019 |
|---|---|---|
Liabilities from procurement leases |
418.4 |
380.6 |
Derivative financial instruments |
9.7 |
11.4 |
Sundry financial liabilities |
4.0 |
7.1 |
Other non-current financial liabilities |
432.1 |
399.2 |
|
|
|
Liabilities from procurement leases |
108.6 |
105.5 |
Derivative financial instruments |
6.9 |
12.8 |
Liabilities from accrued interest |
5.5 |
4.4 |
Sundry financial liabilities |
93.7 |
84.4 |
Other current financial liabilities |
214.8 |
207.2 |
|
|
|
Total other financial liabilities |
646.9 |
606.3 |
Liabilities from procurement leases had the following underlying maturities:
in € million |
Dec. 31, 2020 |
Dec. 31, 2019 |
|---|---|---|
Total future payments (gross) |
599.2 |
551.5 |
due within one year |
121.3 |
117.6 |
due in one to two years |
98.8 |
92.9 |
due in two to three years |
76.1 |
75.3 |
due in three to four years |
56.9 |
54.8 |
due in four to five years |
42.5 |
39.8 |
due in more than five years |
203.6 |
171.1 |
Derivative financial instruments comprise currency forwards and interest-rate swaps with a negative fair value that are used to reduce currency risk and interest-rate risk. Some of these derivative financial instruments are part of a formally documented hedge with a hedged item and are recognized in accordance with the hedge accounting rules (see note [42]).